Business

Equities surge on positive global cues, healthy Q3 results


Mumbai, Jan 11 (IANS): Positive global cues, coupled with healthy third quarter (Q3) results pushed the Indian equities markets higher on Wednesday.

Besides, higher global crude oil prices and anticipation of sops to be announced during the Union Budget enhanced investors' risk-taking appetite.

Healthy buying was witnessed in banking, metal and capital goods stocks.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) edged up by 92.05 points or 1.11 per cent to 8,380.65 points.

The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 26,978.44 points, provisionally closed at 27,140.41 points (at 3.30 p.m.) up 240.85 points or 0.90 per cent from the previous close at 26,899.56 points.

The Sensex touched a high of 27,174.87 points and a low of 26,978.44 points during the intra-day trade.

The BSE market breadth was tilted in favour of the bulls with 1,726 advances and 1,079 declines.

On Tuesday, the Indian equities markets surged on the back of expectations on more spending support from the upcoming Union Budget and a strengthened rupee.

The NSE Nifty rose by 52.55 points or 0.64 per cent to 8,288.60 points, while BSE Sensex surged by up 173.01 points or 0.65 per cent.

Leave a Comment

Title : Equities surge on positive global cues, healthy Q3 results


 
 
 
 

 
You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.


Security Validation

Enter the characters in the image